ONLINE INSURANCE QUOTES

Learn How To Get Online Whole and Standard Life Insurance Quotes

2010-03-26T14:26:00Z

People should learn the meaning of Standard and Non-standard insurance policies before they start looking for Online Whole and Standard Life Insurance Quotes. It is understandable that many people get confused from the different terminologies of life insurance, which makes it harder to see the difference between life policies.

People and the insurance agents use the terminologies of Standard and Non-standard Life Insurance in different ways.. One way or another, the practice of using Non-standard Insurance in a context is mostly wrong where it is gets related to an occupation of an individual, financial state of an insurance carrier or even for a person who has special needs. From time to time, even the insurance ratings as in standard or sub-standard that are used for instances such as poor health or bad driving records, are wrongly related to Non-standard Life Insurance Policies.

It should be clear to everybody that in reality Non-standard Life Insurance refers to the life insurance policies that are issued under Non-standard Forms. These forms are regulated by the states where insurance companies are based in, yet may not be regulated by other states where the policies are being issued. The price of these policies can also vary widely, since the language of these forms is customized by the insurance companies as to what is covered and what is not.

However, when insurance companies use the Standard Forms to issue life policies, there is minimum language difference since these forms are regulated by the states. This is where Standard Policies get their names from. However, the big misunderstanding for Standard Life Insurance still exists even among the insurance agents where it is referred to Whole Life or even to Term Insurance Policies.

We need to start learning it right; Term Insurance, as the name implies, only pays benefits if the insured dies within a certain time period and expires after the term is over and does not accumulates cash value. Permanent Life Insurance Policies on the other hand, accumulates cash value and they offer permanent protection for as log as they are not lapsed.

You should indeed pay attention when you are looking for Online Whole and Standard Life Insurance Quotes, where this subject entails three matters; Standard Insurance Quotes, Online Insurance Quotes and Whole Life Insurance Quotes. Since the latter has already been explained above, you should take it into strong consideration as to where you intend to get your Online Life Insurance or your Whole Life Insurance Quotes from. Nevertheless, it is your life insurance and you should make sure that it is set up correctly. That is so that it is highly recommended to work with experienced and well informed insurance professionals who know the fundamental difference between Non-standard and Standard Insurance policies as to work with you to design the right life insurance policy for your needs.

It will be to your advantage to contact the professionals at Online Whole and Standard Life Insurance Quotes.com can assist you with the details and the selection of your life insurance, as they are able to explain from most basic to most complicated particulars for you to make the right decision..

How To Save Your Money With Really Cheap Auto Insurance

2010-03-25T02:24:00Z

Lowering your auto insurance premiums,getting discounts that you should have and finding really cheap auto insurance plan are possible. Shopping around and knowledge on important strategies is the key to have this accomplished.

Move on and take the first step of knowing what are the options that are available and make comparison. You have to carefully examine if you will be cutting off significantly before you finalize your deal with a new provider. Otherwise, you may be trapped in a condition where you have already switched to a new insurer, lost your long term customer discount, and find out that you waived a more valuable incentive than what you will be cutting in terms of cost.

Once you have already decided to purchase an insurance coverage, you strive to improve your credit score. Your insurance provider can furnish you with free credit reports and some tips on how to improve your credit score.

Another strategy to get a better coverage is to raise your deductible and boost your liability coverage to the level that entitles you to a comprehensive and collision coverage. Determine the worthiness of availing of this coverage with the value of your car. It would have been better if before you bought your car, you had checked on the car’s safety rating so you can make a better decision whether to do this step or not. Insurance coverage expenses for your teenager will be cut into half, that will make it a really cheap auto insurance plan, if you hold him under your policy, use a safe car and regard him as an occasional driver only. Likewise, consider raising the deductibles and boosting liability coverage if the car insured is expensive. Let your child undergo seminars or trainings to make him a more responsible driver minimizing accidents and issuance of violation tickets. Your household members will have an added advantage on their rates.

If ever you decided not to drive for sometime, do not think about totally cutting off all your insurance coverage. When you will decide again to get a new insurance, it might be more difficult and the premium quotes may be higher. Try not to drop your comprehensive insurance to cover for damages due to storage for a long time or to theft. Further, some insurers offer discounts for low mileage so try to check it out.

A non-owner policy is useful when you sell your car to cover instances when you rent or borrow a car. Also, it will keep you from the hassles of getting a new insurance in the future.

If it is not now, then when should you want to get really cheap auto insurance? Learn more on how to do this at ReallyCheapAutoInsuranceNow.com.

Annuities Ratings vs Annuity Duration

2010-03-24T20:41:00Z

Life is full of uncertainties, but there is one thing that is guaranteed the moment you are born, and that is death. It simply doesn't matter how long you live, it is an inevitable fact that after a certain period of time your body is going to become older and you are going to become unable to work. It is these times that you should be living your life in comfort with a peace of mind without a worry of depending on other people. This is the very reason that you should look into annuities ratings as soon as possible.

Annuities maybe as simple as depositing a lump sum of money as an investment during your working years. Installment payments throughout the years are always another option to invest if you don't have the entire amount for the annuity. Depending on the plan that you select, annuity then pays you back with interest every month or every six months as an income.

The duration of the payments from the annuity will also depends on the your selected plan. You can chose a guaranteed payment plan from your annuity in either monthly or every six months for as long as you are alive. You can also opt in for annuity plans that will pay you back money in installments for a predetermined number of years.

You might also be wondering what will happen to the amount due to you in case you meet with an untimely demise. Your beneficiary will receive the amount of money you invested as well as the interest that may have accrued. The accrued interest may change from one year to another. However, you should always keep in mind that annuity is not a life insurance where there is a subtle difference. Life insurance provides a predetermined lump sum of money that is equal to the face amount of your life insurance, yet the annuity will only provide the amount of money you invested along with the accrued interest. Mostly, people buy into annuities to receive a steady income during their retirement days.

Investments made into the annuities are mostly considered secure, unlike the investments made in the stocks, bonds or mutual funds. As a matter of fact, annuities are safe, long term savings plans that you can invest. It usually makes sense to invest into annuities to secure future income particularly when economy is in bad shape and the prices of basic goods are increasing as there are no signs of recovery in the near future.

You can always get more information from many sites on the net. You can always choose the plan that may suit you the most. You also have a chance to get numerous annuities ratings from these sites offered by the prominent companies.

eSuremenow.com is one of the most prominent sites to get various annuities ratings for you to find the best one for your personal needs.

You Can You Save Thousands Of Dollars in Getting Really Cheap Auto Insurance

2010-03-21T22:48:00Z

Buying a really cheap auto insurance plan is not impossible. Knowing some key strategies and spending more time in searching for the options are the answers for your search.

Gathering information about several choices or options and making comparison is your first step. Bear in mind, at this point, that you have to make sure about the significant cut in expenses before you finalize your decision in changing your insurance provider. It may happen that, your benefits in the current insurance coverage that you have such as long term customer discount weighs heavier than what you cut off in terms of expenses.

Once you have already decided to purchase an insurance coverage, you strive to improve your credit score. Free credits reports can be furnished by insurance providers and they could also give you some tips on how to improve your credit score.

Qualify for a comprehensive and collision coverage by raising your deductible and boosting your liability coverage. Determine the worthiness of availing of this coverage with the value of your car. Next time you buy a new car, check first on its car safety rating so you can better decide if comprehensive and collision coverage is necessary. Insurance coverage expenses for your teenager will be cut into half, that will make it a really cheap auto insurance plan, if you hold him under your policy, use a safe car and regard him as an occasional driver only. Likewise, consider raising the deductibles and boosting liability coverage if the car insured is expensive. Enroll your child to courses for more responsible way of driving so that he will learn how to avoid accidents and violation tickets. Your household members will have an added advantage on their rates.

If for some reason, you cannot drive for sometime, it would not be wise to totally drop your current insurance coverage. You need to take note that getting a new coverage in the future would be a bit more difficult or you need to pay for a higher quote. In the instance that you have to drop your auto insurance, do not drop your comprehensive insurance so that you have something to turn to when your car gets robbed or when it will be damaged while not being used. Discounts may be available for low mileage so you better check that out too.

On the other hand, obtaining a non-owner policy is needed if you decide to sell your car so that you are covered in case you will borrow or rent a car. Also, it will keep you from the hassles of getting a new insurance in the future.

Getting a really cheap auto insurance is made easier for you at ReallyCheapAutoInsurance.com, where you can get various car insurance quotes from numerous companies to compare.

Some Time In Your Life You Need Annuities Ratings Why Not Now

2010-03-14T01:33:00Z

Life is full of uncertainties, but there is one thing that is guaranteed the moment you are born, and that is death. After living a healthy and long life, it is a matter of time you are going to grow older and become weaker not to be able to go to work. During these times when you retire, you need your steady income to live without depending on other people. This is why you should check about annuities ratings without any further delay.

Annuities can be as easy as investing a lump sum of funds during your working years. You also have another option to invest with installment payments throughout the years if you don't have the lump sum of money for annuities. Depending on the plan that you select, annuity then pays you back with interest every month or every six months as an income.

The duration of the payments from the annuity will also depends on the your selected plan. You can opt in for a plan that will pay you back a guaranteed sum of money every month or every 6 months for as long as you stay alive. You also have a choice of an annuity plan to receive income for a certain number of years.

You might also be wondering what will happen to the amount due to you in case you meet with an untimely demise. Your beneficiary will receive the amount of money you invested as well as the interest that may have accrued. The interest that has been accrued may change from one year to another. Yet you need to understand that there is a difference between an annuity plan and a life insurance policy. Life insurance provides a predetermined lump sum of money that is equal to the face amount of your life insurance, yet the annuity will only provide the amount of money you invested along with the accrued interest. Mostly, people buy into annuities to receive a steady income during their retirement days.

Investments made into the annuities are mostly considered secure, unlike the investments made in the stocks, bonds or mutual funds. Annuities are indeed are actually long term plans that you can invest as a saving. Especially during bad economic times, with prices of essential goods escalating and with no recovery of the economy in sight, it makes sense to opt in for an annuity plan that will help secure your income in the future.

There are many online sites that will help you to understand more about this saving plan. You can select a plan that is mostly suitable for your future personal needs. You also have the option to get many annuities ratings online from big insurance companies to compare for your investment needs.

Your personal needs for competitive annuities ratings from various companies can be fulfilled at eSuremenow.com easily.

BIGGEST MISCONCEPTION: MY DISABILITY INSURANCE PAYS FOR MY LONG TERM CARE (?)

2009-09-30T12:50:00Z

There is a misconception among people that just because they have a disability insurance (either from their employers or private) they also have their Long Term Care Insurance covered. Nothing can be further than the truth...!

You have to realize that, in reality, they are two different products with two separate purposes. In order to understand the purpose of the two insurance policies, we need to make the distinction as follows:

Disability Insurance provides a portion of your income when you are disabled
Long Term Care Insurance provides funds (up to a limit designed within your policy) for your care.

Even though the purpose of the two policies are quite different, people still get the wrong ideas, again. Their notion is, if they continue to get funds when they are unable to work, they should be able to pay for the care they need in case of a long term care situation. However, the problems start as follows;

Disability insurance provides funds up to 40, 60 or 80 percent of your income.
If your employer is paying for your disability insurance, the funds that you receive from your insurance will further be reduced by taxes.
Most health insurance policies do not cover long term care. If you consider the exponentially rising health care cost, it will be quite unimaginable to get stuck with the bills from long term care (somebody coming to your house to help you with your daily activities, or you going to some type of a care-facility, etc)
Most Long Term Care Insurance plans have State Partnership Programs that provide protection to some portion of of your wealth and/or your income.
Most importantly, if you have a Disability Insurance, you should be able to pay for your Long Term Care Insurance premiums while you are in a long term care situation.

To summarize the matter, I also included a video-snippet from one of my TV Shows (below):

MEDICARE DOUGHNUT HOLE - PART 2

2009-09-29T11:10:00Z

I wanted to add more information to my previous post (Medicare Doughnut Hole - Complicated Already, Let's Make It Expensive For Seniors Too!) from the news where Vice President Biden made the following comments;

"...Biden also addressed the so-called “doughnut hole” in Medicare drugbenefits that causes beneficiaries to pay out of pocket for drugs afterexceeding their allowances, and before catastrophic drug coverage kicksin.
In response to an audience question about the costs of prescriptiondrugs, Biden said that health reform will seek to close the “doughnuthole” by first paying half of seniors’ out-of-pocket drug expenses, andgradually seeking to close the hole completely.
DeParle added: “We know seniors need help and we’re committed to getting the doughnut hole filled."

Full Story (Administration to boost Medicare, close ‘doughnut hole’ with reforms)

Do you think the seniors should start smiling...?

MEDICARE DOUGHNUT HOLE – COMPLICATED ALREADY, LET”S MAKE IT EXPENSIVE FOR SENIORS TOO!

2009-09-25T20:29:00Z

Does anybody know what a “Doughnut Hole” is? Well, let's just say that it is not something you eat... However, that's not entirely true either! Maybe not literally, but it is indeed something that seniors may have to eat as in “cost!”

It is referred to a gap in Medicare Part-D, which supposedly covers the prescription drug portion of Medicare (besides Part-A and Part-B, coverage for hospital and doctors respectively.)

Here's how Medicare Part-D works:

Seniors sign up for Part-D and it is not free. There is a premium that they have to pay
Seniors pays 25% of the cost of the drugs up to $2,700.00 (for 2009), where Medicare pays the remainder of 75%
When the cost of drugs goes over $2,700.00, Medicare does not pay anything up to $4,350.00 (in 2009), yet seniors still have to pay the premiums
When the cost goes over $4,350.00, Medicare pays 95% of the total cost of drugs, and seniors pay 5%

Let's do the math again in real numbers for the cost of prescription drugs (say) $10,000.00 for one year.

For the first $2,700.00, senior pays $675.00
Then senior pays $4,350.00
The remaining cost will be $147.50
So, everything totals to $5,172.50, which is about $430.00 a month (excluding the monthly premiums for Part-D)

Here's the real kicker; if we consider the average social security benefit for a retired worker to be $1,153.00 (according to Social Security Online) per month for 2009, that leaves a whopping $723.00 monthly income.

Whether to cry or laugh... your choice!

YOUR RETIREMENT FUNDS ARE DECIMATED – IS IT STILL A GOOD IDEA TO SELF INSURE FOR LONG TERM CARE?

2009-09-22T14:20:00Z

When economy started shrinking, just about everybody thought it was just another recession. Then the economy collapsed and it took juts about any 401K, IRA, or anything else related to retirement savings along with it. Nonetheless, the consequences of this economic meltdown also took another thought which was widely accepted among many people; being self insured against long term care cost.

Even though it wasn't highly recommended, most people had plans to cover long term care costs from their savings and investments. However, exponentially increasing long term care costs combined with decimated savings and investments had a profound negative affect on these plans. People started adding Long Term Care Insurance to be protected against catastrophic costs of any future long term care situation.

People became painfully aware that once widely accepted strategy of investing the funds rather than purchasing long term care insurance has gross disadvantages, even if the funds are invested in secure investments. Furthermore, people have also realized that it is going to take years, if not decades to bring their retirement investments up to the previous levels to have a comfortable retirement - yet along being able to pay for any long term care situation that may happen in the future.

On the same note, people should also realize that Long Term Care Insurance is not necessarily some type of a policy that you purchase to receive care when you need long term care. This is only one of the benefits, the main benefits also include providing independence as well as asset and income protection.

Our citizens are clearly going through some serious tough times and the importance of long term care cost (which is directly related to health care cost) poses a grave danger for the future of our country. Only this time, we are well aware of this looming peril (unlike the recent economic meltdown) and we should take precautions to protect our financial, as well as our physical well-being by using any possibility... and among these possibilities, Long Term Care Insurance provides one of the most logical solutions.

LIST OF MAJOR ONLINE INSURANCE COMPANIES

2009-09-21T13:11:00Z

Even though it seems like it is an overwhelming task to go online and find a company to get your insurance quotes, the list is really not that long! Just like any other industry, there are actually a handful of major players and the rest happens to be either affiliates or sites who drive business to the main players.

Esurance.com: Part of a large corporation providing insurance quotes themselves
Ehealthinsurance.com: Provide health insurance quotes.
eSuremenow.com: Network of experienced professionals (most of them are also financial consultants.) They are able to do complex insurance analysis as well as simple insurance needs. They refer you to different companies on your auto, home and health insurance needs after making sure of what you really need (upon your request.)
Free-insurance-quotes-online.net: They direct people to the Lead Companies
Insurance.com: Owned by IAG and they provide insurance quotes themselves
Insureme.com: Lead Company
Insweb.com: Lead Company
Insurancespecialist.com: They just give you a list of Sponsored Ads
InsuranceFinder.com: Lead Company
Netquote.com: Lead Company
2insure4less.com: Lead Company
4FreeQuotes.com: Lead Company
Thegeneral.com: Part of PGC and mainly provides auto insurance. They direct you to other eHealth and SmartLife Insurance for the rest of your insurance needs.
The-Insurance-Place.com: They direct you to different companies such as eHealth, UsQuoteFinder, etc, depending on your insurance needs.
Usinsuranceonline.com: Lead Company

List excludes big companies such as Geico, Nationwide, State Farm, Allstate to keep the list rather focused on other major online players.

Please note that this is the list of the main players on the net as I have repeatedly emphasized that there is nothing wrong with any company (whether it is listed here or not) and the services that they provide. Every company fills a different need and your choice should depend on the company according to your personal needs.

BUY TERM and INVEST THE DIFFERENCE - WHATEVER HAPPENED TO YOU PEOPLE?

2009-09-19T13:49:00Z

Throughout the years, there have been many companies as well as people who declared that the permanent life insurance is nothing but waste of money and they have been advocating buying term insurance and investing the difference. Nonetheless, this has always been one of the many plans to implicate, it has never been (or should have never been) the only plan to recommend.

I figured since a picture is worth a million words, rather than explaining this issue with a long article, I have gathered various short videos to put this subject to everybody's self-judgment.

I wanted to start with a video from one of the biggest proponents of buy term and invest the difference;

Having watched this video, one wonders what these people are saying to their clients after (just about) any investment deteriorated due to recent economic conditions? Yet one way or another, the cash value within most of the permanent insurance policies are still making 4 to 5 percent – yet along losing money...!

Following video is one of many (better) ways of showing the value of permanent life insurance (I said better because the best is yet to come):

In other words, buying term and investing the difference can not, may not, and should not be the only way! Everything depends on your own personal situation where one size never fits all when we are talking about risk management.

While we are on the subject of life insurance, we can not pass this issue without talking about the infamous Suze Orman, who merely “hates” whole life insurance (... she says it in her book!) as she is one of the biggest proponents of term insurance, and of course the biggest opponents of Whole Life Insurance.

This gentleman did his homework. I'd recommend watching this video 'til the end.

… ANY OTHER QUESTIONS??? I think not...

HOME CARE INSURANCE or LONG TERM CARE INSURANCE; CHOOSE CAREFULLY!

2009-09-18T14:38:00Z

When people are shopping for Long Term Care Insurance, they encounter the option of having Home Care and get a misconception that it would be enough for their long term care needs. This is mostly due to the price difference between the Home Care Insurance and Comprehensive Long Term Care Insurance which is naturally more expensive.

Yet being in a long term care situation requires much more understanding of the process, and having only Home Care may not be enough for the care that a person needs. Understandable, long term care usually starts at home and it may require a few hours of attention to the person. Yet this is when people start getting the wrong idea without thinking of the later stages of long term care.

When the situation progresses in time, person may need much more intensive care and may even have to move to a facility to be under the constant supervision of licensed medical personnel. This will consequently create a big dilemma where Home Care Insurance will not pay for the care in the facility.

Nonetheless, some people may think that since they have the Home Care, they should be able to access licensed medical personnel from their homes. Even though this may be true, having a licensed personnel for even eight hours a day (yet along being under a continuous supervision) at home can actually cost more than the facility care.

In summary, even though Long Term Care Insurance can be designed to provide care only at home, you should also consider the later stages and make arrangements respectively. After all, the objective of Long Term Care Insurance is not only to receive care, it is also to protect your assets, your income and your independence.

Having improperly designed Long Term Care Insurance may fall short of its true purpose.

WHAT IS THE NUMBER ONE REASON FOR BANKRUPTCY IN AMERICA?

2009-09-16T18:51:00Z

We maybe in the middle of one of the worst recessions in the history of America, but guess what it is under the normal circumstances???

Watch the video and find out...

WHY DO YOU NEED DISABILITY INSURANCE?

2009-09-15T17:31:00Z

Most of us have to work to accomplish our future goals and dreams, and at the very least to provide for our daily needs. Besides all these, we must also save for our retirement, emergency funds, as well as for our children’s education, and then some… Yet all this depends on one thing and which actually happens to be one of the most important assets in our lives: Our Earning Power!

One of the key instruments to protect our earning power is to have Disability Insurance, as it becomes a source of income to supplement our earnings during the times when we are unable to work to generate income.

However, oddly enough, we hardly do anything to protect our earning power which essentially provides earnings for us to be able to purchase even the basic necessities such as food, shelter and clothing. Further more, most of us even think that disability is nothing but being stuck in a wheelchair and accordingly deny all possibilities of getting disabled any time at all. Yet nothing can be further than the truth! Disability is indeed any illness hindering our ability to generate any type of income for a given period of time.

Since most of us rely on the constant flow of our income, it may become devastating for most of us to stop receiving our earnings, as it may even result in losing our ability to purchase our basic needs.

The common denial of being disabled may or not may not be true, yet the consequences of not having your Disability Insurance can be quite obvious.

CHECKLIST FOR LONG TERM CARE INSURANCE COMPARISON

2009-09-10T10:19:00Z

It may be quite a complicated process for someone to go through Long Term Care Insurance, which in turn can make somewhat difficult for determine the right insurance quotes for your personal needs. You should realize that Long Term Care Insurance is not just a policy to purchase to get your care during your older ages. There are actually various levels of care as to managing Long Term Care, and your policy becomes a little complicated when you are setting them up.

Further more, insurance companies may also give different names for the same choices of care, and may also provide different levels of care under the same benefits.

In order to make this process a little easier, I prepared a Long Term Care Insurance Evaluation and Checklist for you to evaluate and compare your insurance quotes for your Long Term Care Insurance (of course, you should still have your own questions handy to ask to your insurance agent when you are getting your insurance quote.)

Needless to mention, it is always a better idea to get your insurance quotes from prominent insurance companies; hence you should be talking to the professionals who represent them.

ONLINE INSURANCE QUOTES - BENEFICIAL or NOT?

2009-09-08T13:16:00Z

People avoid dealing with insurance agents and try to avoid purchasing insurance policies even though we know that we have to protect our assets. Despite the known fact that the only viable way to protect our assets is to purchase insurance we avoid the dealings with insurance agents, where online insurance quotes provide a comfort zone for us. Which means online insurance quotes give us an option of being simple, fast, painless, and a choice of ending the process whenever we want without dealing with insurance agents.

Yet we should also realize that there is a value in discussing with a professional in the insurance field rather than obtaining quick online insurance quotes. Further more, it is a much better idea to get your insurance quotes from websites who make themselves available to provide their expertise according to your personal needs. You should make it a habit of checking to see if the website is operated by knowledgeable and licensed insurance professionals in case you have any questions for your online insurance quotes; you can usually find this information in the Our Company or About Us section of their website.

Obviously another benefit of online insurance quotes is the time-saving aspect as well as receiving numerous insurance quotes by practically filling out one form. Yet as it was mentioned above, we need to be careful which websites we are getting our online insurance quotes. We need to be mindful that we are indeed protecting our precious assets and we should always (once again...) shop at websites who can provide significant expertise by making themselves accessible for your continence.

Gurhan Gary Demirkan is a member of eSuremenow.com; a network of highly experienced and prominent insurance professionals throughout America providing insurance analysis and specializing in implementing diverse insurance plans towards basic or complex insurance needs. You can call us at 703-490-4119 and contact our insurance professionals as well.

The Value of an Insurance Professional; Real Case Scenario

2009-09-04T17:45:00Z

I wanted to write about one of the cases that I have completed to show you the value of an insurance professional and how much you can actually save by associating him/her. It doesn’t mean that there is anything wrong with online insurance quotes, it simply means that it is a good idea to be aware of the sites that you are shopping online (please read my articles related to this subject; Do You Want To Be A Lead or a Client When You Are Looking For Online Insurance Quotes, Who Are The Main Online Insurance Players)

This case involves an attorney who owns his own practice and another business on the side with six children, and his wife.

Previous Insurance Policies
Homeowners Insurance = $1,000.00 per year
Term Life Insurance ($500K, 20 year, started in 2002) = $300.00 per year
Term Life Insurance ($250K, 20 year, started in 1998) = $250.00 per year
Term Life Insurance ($500K, 20 year, started in 1998) = $460.00 per year
Auto Insurance = $1,500.00 per year
Commercial Truck Insurance = $4,000.00 per year
Health Insurance = 7,600.00 per year
Umbrella Insurance = N/A

Current Insurance Policies
Homeowners Insurance = $900.00 per year
Term Life Insurance ($1M, 20 year, started in 2009) = $1,800.00 per year
Term Life Insurance ($750K, 20 year, started in 2009) = $750.00 per year
Auto Insurance = $1,400.00 per year
Commercial Truck Insurance = $1,000.00 per year
Health Insurance = 5,200.00 per year
Umbrella Insurance = 180.00 per year

Without going into details, the bottom line is as follows:

Family saved whopping $3,880.00 ($15,110 - $11,230.00) which is about 26% per year, which also correlates to about $320.00 per month (not bad…!)
Further more, family now owns $500K more life policy, additionally an umbrella policy, and increased coverage on auto and commercial truck.

This is just a real-life example merely to explain the value of an insurance professional who can save you considerable amount of money (and time) with increased coverage. Yet the real beauty of this is not only the savings, it is also determining how much and what kind of insurance you need according to your personal needs.

Let me know if you have any questions or comments?

Can A Foreign National Get Life Insurance In America?

2009-08-31T15:39:00Z

There are various factors and circumstances that insurance companies will consider when underwriting life insurance policies, or for any other insurance policies for that matter. Most of the time - in the most basic level, there are mandatory requirements that someone has to meet to qualify under the life insurance underwriting guidelines; such as the age, health, driving records, or any other basic requirements of that particular carrier. Additionally, you should also keep in mind that insurance companies may extend their requirements further, depending on a particular individual whether he is an American or a foreign national.

In other words, just like any other insurance policy, life insurance is a risk-based product, and understandable the insurance companies are going to evaluate the circumstances of that particular person before they issue a policy. Because of this, in case of a foreign national, besides the basic requirements, there may be more provisions that an insurance company may require.

Insurability being the most important factor, insurance companies may also look at the reasons why a foreign national is looking for life insurance in America. This question may entail many reasons; maybe the foreign national has considerable assets, or maybe he is the owner of a company in America. However, it should also be emphasized that the country the person is residing plays an important role; evidently the riskier the country, less chances that he will have being insured by any insurance carriers in America.

The bottom line, just because someone is a foreign national doesn’t automatically mean that he is not qualified to get life insurance in America. It is best to discuss this matter with an insurance professional who can assist you to get the right life insurance policy according to your personal needs.

GET YOU LIFE INSURANCE TODAY...

Look at Your Family to See If You Really Need a Long Term Care Insurance?

2009-08-28T22:26:41Z

What I mean is to take a look at your family structure and demographics to see if you need a Long Term Care Insurance! The reason why I am focusing on this issue is to bring it up to your attention to see if you have any (or all) of the following conditions within your family.

There have been significant economic changes for the past decade which affected our family structure, and this is actually one of the key causes of needing Long Term Care Insurance in our country.

So what are these significant changes and how they affected our families? Let’s go through the most important ones to have a better understanding of this situation:

Maybe it is due to economic conditions or due to some other reasons, but one way or another number of single parents have been in the rise for the past decade.
Most of the time, both parents have to work to provide the necessary means for the family (unlike the old days where husband worked and wife stayed at home.)
Families started having fewer children due to increased cost of living combined with both parents working.
Parents are focusing a lot more on their careers as well as on their economic well-being, and consequently they started having children in their later years of marriage.
Having children in later years along with their baby-boomer parents getting older at the same time, it is becoming necessary for families to take care of their younger children as well as their aging parents at the same time. This situation actually becomes a lot more series as both spouses have to work to provide for their families.
One of the leading predicaments in our country is children and relatives moving far away due to economic reasons and it is becoming harder for families to live close by.

When we consider these affects of recent economic changes, it becomes much more apparent that children may not be able to provide the necessary care for their aging parents, and consequently parents may have to depend on professional help - which comes with a price tag.

Further more, this price tag can be put into three categories:

Loss wages for people who have to take off from work to care for the person who is in Long Term Care situation.
Loss wages associated with loss of employment due to Long Term Care situation.
Long Term Care cost that a person has to pay.

It is an unfortunate fact that Long Term Care can become a sizeable economic burden on families as well as for the person who is in need of Long Term Care due to these economic conditions. Because of this, strong consideration should be given to Long Term Care Insurance to avoid this burden as to protect your wealth, income, and your independence. There is a mini-seminar that illustrates the impact of Long Term Care on economic well-being and how Long Term Care Insurance can protect your assets and income.

It may be the best 15 minutes that you spend to have an in-depth knowledge of protecting your assets and income in case of a Long Term Care.

GET YOUR LONG TERM CARE INSURANCE NOW!

Gurhan Gary Demirkan is a member of eSuremenow.com; a network of highly experienced and prominent insurance agents throughout America providing insurance analysis and specializing in implementing diverse insurance plans towards basic or complex insurance needs. You can call us at 703-490-4119 and contact our insurance professionals as well.

Long Term Care Seminar

2009-08-26T20:09:00Z

I have finally finished the revisions of the Long Term Care Seminar and posted it to the site: I hope this is an eye-opener...! Here it is --> Long Term Care Insurance for Asset and Income Protection

I wanted to reiterate the importance of this subject (over and over again!) so everybody will have a better understanding as to what may loom in the future because of the exponentially increasing health care cost. This is ultimately going to affect the cost of Long Term Care, as will naturally require substantial amount of funds.

It is imperative for our people to be aware of this matter now to be able to protect their financial well-being in the future.

Gurhan Gary Demirkan is a member of eSuremenow.com; a network of highly experienced and prominent insurance agents throughout America providing insurance analysis and specializing in implementing diverse insurance plans towards basic or complex insurance needs. You can call us at 703-490-4119 and contact our insurance professionals as well.